U.S. Risk Insurance Group Inc. named Julie Sylim a vice president and branch manager for the company’s Oakland, Calif., office. Julie has more than 20 years of insurance experience, most recently in the wholesale arena. She previously was the underwriting …
Owners of nearly 800 properties in a western Indiana town could be forced to buy flood insurance unless the town can provide federal officials proof that its levee system will provide protection. The Federal Emergency Management Agency plans to end …
Recent severe flooding in Oklahoma, on top of extensive damage caused by violent storms in May, have caused headaches for property owners and insurers alike in that state. The June deluge caused additional to homes of some residents still waiting …
State Farm Insurance Co. has decided to discontinue writing new flood insurance policies with the National Flood Insurance Program but the company says it will still service existing policies and that State Farm agents will continue to help their customers …
The U.S. Senate yesterday again voted down a legislative package on jobless benefits, Medicare payments to doctors and business tax breaks that also contains reauthorization of the nation’s flood insurance program. Despite reducing the overall cost of the package, Democrats …
A group scrambling to upgrade Mississippi River levees in southwestern Illinois before new floodplain maps potentially raise insurance costs says it can make the fixes for $160 million to $170 million – and pay for it with sales taxes and …
The Senate today voted against legislation that included a provision to reauthorize the National Flood Insurance Program (NFIP). Along with short term extensions for numerous other federal programs, the NFIP extension was passed by the House just prior to the …
The Federal Emergency Management Agency has clarified that in the event of a declared flooding disaster, National Flood Insurance Program coverage will apply even if oil from the British Petroleum deep well blowout in the Gulf of Mexico is mixed …
State Farm Insurance Co. has decided to discontinue writing new flood insurance policies with the National Flood Insurance Program but the company says it will still service existing policies and State Farm agents will continue to help their customers with …
Surplus Battle “It’s pretty much as outrageously unconstitutional, illegal and in-your-face as it gets.” —Kevin Fitzgerald, a lawyer for the policyholders of New Hampshire’s Joint Underwriting Association (JUA), a state-created medical malpractice insurance fund from which lawmakers are trying to …
